Consider a monopolist setting a single price to all consumer that faces a demand curve of P = 30 – q, where P is price and q is the quantity sold. The monopolist has a marginal cost curve of MC = q. The government implements a per-unit tax of $9 per unit, to be paid for by the monopolist. What is the resulting deadweight loss?Group of answer choices

Consider the demand curve for beer: Q= 120 –2P. If the supply curve for beer is P=12+Q and the government imposes a per-unit tax of $1 on producers of beer, the deadweight loss that results is equal to:[Round your answer to 2 decimal places when needed.]

A monopolist has variable costs of VC = q2 and faces a demand curve of P = 24 – q, where P is price and q the quantity sold. If the monopolist engages in first-degree price discrimination, the resulting deadweight loss is?

The demand function for a monopolist is P = 30 - 0.75Qtotal costs are TC = 20 + 9Q + 0.3Q2Marginal Revenue is MR =30-1.5Qa. What is the profit-maximizing rate of output? (1 Marks)b. What are the profits? (1 Marks)c. What would be the price and output under perfect competition if the monopolist's marginal cost curve is the competitive industry's supply curve? (3 Marks)d. Calculate the amount of the deadweight loss associated with the monopoly outcome. (3 Marks)

Suppose a monopolist faces a demand curve of the form P = 180 - 2Q. This monopolist faces a total cost curve of the form TC = 20Q. If this monopolist was regulated with "average cost pricing" so as to make a "normal" rate of return, what would be the price the government requires the monopolist to charge? What would be the monopolist's profit?Group of answer choicesP = $20; The monopolist would make a loss, which would be subsidised by the government.P = $100; The monopolist would make a loss, which would be subsidised by the government.P = $0; The monopolist would make a loss, which would be subsidised by the government.P = $100; The monopolist would make a positive economic profit.P = $20; The monopolist would make a zero economic profit.

Suppose a monopolist faces a per period demand curve having the form: P = 11 – 0.005Q. Her total cost function is given by: TC = 0.5Q. This monopolist is able to practice second degree price discrimination, by selling off batches of her product along the demand curve. She chooses two prices: $9 per unit and $5 per unit. What is the consumer surplus in each period? Group of answer choicesConsumer Surplus = $4,000.Consumer Surplus = $2,400.Consumer Surplus = $1,600.Consumer Surplus = $2,800.Consumer Surplus = $2,000.